Sideways movement on Dow
We doubt that there will be much bear move at this point, but we shall continue monitoring the price movement before making any decisions.
Dow fell last week and got some price rebound off the supply zone. Yesterday, we saw it moved around 300 points which was more than what we expected.
At this point, we still have a slight bull bias in the near term but it depends on price level and weakness.
With the trend still intact upwards and stochastic in our favour, any price between 25100 - 25250 may be an ideal entry point for good risk to reward.
Do also catch us on our Instagram for more updates
instagram.com/traders.article/
Dow fell last week and got some price rebound off the supply zone. Yesterday, we saw it moved around 300 points which was more than what we expected.
At this point, we still have a slight bull bias in the near term but it depends on price level and weakness.
With the trend still intact upwards and stochastic in our favour, any price between 25100 - 25250 may be an ideal entry point for good risk to reward.
Do also catch us on our Instagram for more updates
instagram.com/traders.article/
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